A Quote by George Soros
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.
Quote Topics
Quote Author
Related Quotes
It is a simple matter to see the obvious, to do the expected. The tendency of the individual life is to be static rather than dynamic, and this tendency is made into a propulsion by civilization, where the obvious only is seen, and the unexpected rarely happens. When the unexpected does happen, however, and when it is of sufficiently grave import, the unfit perish. They do not see what is not obvious, are unable to do the unexpected, are incapable of adjusting their well-grooved lives to other and strange grooves. In short, when they come to the end of their own groove, they die.
Betting that markets will be 'volatile' is like betting the weather will be partly cloudy. It's a smart-sounding strategy that doesn't mean much.
Betting on the success of innovative technologies in the marketplace can carry all the uncertainty and risk that betting on the next card in the deck does at a blackjack table in Las Vegas. There is a factor of randomness that must be factored in, but precisely how to do so is anyone's guess.
In the Led Zeppelin shows of the Sixties and Seventies, it was the same numbers every night, but they were constantly in a state of flux. If I played something good, really substantial, I'd stick it in again.
Authentic happiness comes from being in conscious connection with our inner being rather than dependency on outer things and circumstances which are constantly in a state of flux.
Quantum mechanics brought an unexpected fuzziness into physics because of quantum uncertainty, the Heisenberg uncertainty principle.
Making 'Orphee' has been a true labour of love, one that has been a part of my life for six years, and yet the music always remained fresh - it was constantly in a state of flux and renewal.
If you're betting all the time, everything is just another bet. You don't even think about the money after you've made the arrangements. You're used to it.
What if the Big Three automakers made products that were simple and easy to use - imagine a car with a user interface made by Apple - while also constantly trying to push the state of the art? What if they constantly sought out new technologies and ideas, and incorporated them into their products?
I believe that uncertainty is really my spirit's way of whispering, I'm in flux. I can't decide for you. Something is off-balance here.
Life to me is defined by uncertainty. Uncertainty is the state in which we live, and there is no way to outfox it.
The individual skill of the player determines the outcome, unlike betting on the horses or betting on the lottery. It's not an individual betting against the house and that's an important distinction.
Everybody's got a worldview. Everybody's betting their life on something. ... You just better know why you're betting what you're betting on.
The idea that there aren't mistakes made constantly in the judicial system is too obvious even to need to mention.
Quantum mechanics brought an unexpected fuzziness into physics because of quantum uncertainty, the Heisenberg uncertainty principle. String theory does so again because a point particle is replaced by a string, which is more spread out.
It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine--that is, they made no real money out of it. Men who can both be right and sit tight are uncommon.
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman